$1,850,000

312 Paine Lake Dr Sevierville, TN 37862

$10,000
Closing credit¹
6 beds
8 full, 1 partial
6,231 sqft
2.8 acres
$297 / sqft
House

Property details

About 312 Paine Lake Dr

Income for 2024 came in at $187,677!! Price Adjustment and Seller is motivated!! This stunning 6,200+ sq ft contemporary-style ranch home, designed by renowned architect Hubert Bebb, offers an unparalleled retreat just minutes from the enchanting Smoky Mountains and world-famous attractions. Bebb, known for his mid-century modern homes and the iconic Clingman's Dome tower in the Great Smoky Mountains National Park, has infused his genius into every corner of this extraordinary property. Sprawling across 2.7+ acres of private, beautifully landscaped land, this 7-bedroom, 8.5-bathroom haven provides the perfect blend of space and comfort. The interior is a testament to elegant living, featuring a grand living room with a spectacular fireplace, a formal dining room boasting its own fireplace, and an expansive great room with yet another fireplace. The gourmet kitchen, complete with an adjoining dining area, is perfect for culinary enthusiasts, while the lower level recreation room promises endless entertainment. Step outside to discover an outdoor paradise designed for both relaxation and activity. A large gazebo offers the ideal setting for group gatherings, while a private hot tub invites you to unwind under the stars. Enjoy picturesque views of the adjacent pond and seasonal vistas of the majestic Smoky Mountains. For the active lifestyle, a basketball hoop and pickleball court await your friendly competitions. The prime location offers the best of both worlds - serene privacy and convenient access to the area's most popular attractions. You're just minutes away from downtown Sevierville, Pigeon Forge, Dollywood, and Tanger Outlets, ensuring that adventure is always at your doorstep. Currently part of a successful rental program, this property presents an exciting investment opportunity, and is on track to produce $170,000+ this year! Its spacious layout and luxurious amenities make it ideal for large family gatherings, conferences, and events, offering unlimited potential as either a personal retreat or a lucrative rental property. Don't miss this rare opportunity to own a piece of architectural history in one of Tennessee's most sought-after locations. This is more than just a home - it's a luxury mountain escape that promises to elevate your lifestyle.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Heat Pump
StatusActive
CoolingCentral Air, Heat Pump, Ceiling Fan(s)
Size6,231 sqft
BasementYes
Lot size2.77 Acres
Year built1950
ParkingCircular Driveway, Off Street
MLS #303116
WaterfrontPond
FireplaceMasonry, Wood Burning
ViewLake, Trees/Woods

Summary

  • MLS Number: 303116
  • MLS Name: GreatSmokyMountains
  • Office Name: Century 21 Legacy GP
  • Office Phone: (865) 436-7121

Copyright Great Smoky Mountains Association of REALTORS ® & MLS. All rights reserved. Information is deemed reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 6:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of yard with a water view

$1,850,000

312 Paine Lake Dr

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
May 20, 2021
Home Sold
$943,000
Jan 02, 2019
Home Sold
$400,000

Tax history

YearAssessmentProperty Tax
2023$145,750$2,777
2022$145,750$2,777
2021$145,750$2,777
2020$145,750$2,777
2019$95,250$2,245
2018$95,250$2,245
2017$95,250$2,067

History based on county public records data.

Nearby schools

2

Sevierville Intermediate School

Public District 3-5

0.9 mi

416 High St

5

Catlettsburg Elementary School

Public District KG-6

3.0 mi

1409 Catlettsburg Rd

3

Pigeon Forge Primary School

Public District PK-3

6.1 mi

1766 Waldens Creek Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,773. Residents of Sevierville, TN typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
39%
35k-100k
9%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Wal-MartWal-Mart
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Sevierville, TN

About 312 Paine Lake Dr

This home is located at 312 Paine Lake Dr in Sevierville, TN and zip code 37862. This 6,231 square foot home, which was built in 1950, sits on a 2.77 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $1,850,000.

In February 2025, from all listings sold in Sevierville, TN there were more than 4 sold above asking price, over 46 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Sevierville, TN increased by 18.5% between January and February 2025. Listings spent 74 days on the market in February 2025, and had a median list price of $500,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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